CHIPS and Science Act

FYI

Bill

H.R. 4346

117th Congress

Purpose

Appropriates funds to implement the CHIPS for America Act and updates policy for programs across DOE, NSF, NIST, and NASA.

Summary of Selected Provisions

Appropriates $52 billion for domestic semiconductor manufacturing/R&D and $1.5 billion for advanced communications R&D
Recommends that over the next five years Congress should roughly double the annual budgets of NSF and NIST, to $18.9 billion and $2.3 billion respectively, and increase funding for the DOE Office of Science by nearly 50% to $10.8 billion
Formally authorizes the Directorate for Technology and Innovation in NSF and directs it to focus on a periodically refreshed list of up to 10 “key technology focus areas” and up to five “societal, national, and geostrategic challenges”
Recommends Congress ramp up the annual budget of the new NSF directorate to about $4 billion within five years
Sets a target for NSF to allocate at least 20% of its research budget to the EPSCoR program, which funds projects in states and territories that have historically received a small fraction of NSF funds, ramping the target up from 15.5% to 20% over seven years
Creates a government-wide prohibition on federal grantees participating in foreign talent recruitment programs that have “malign” intent
Requires NSF-funded institutions to disclose funding in excess of $50,000 they receive from foreign entities associated with any “country of concern”
Creates a Commerce Department program to foster “technology hubs” in regions of the U.S. that are not already leading centers of innovation, with a recommended budget of about $10 billion over five years

Related Organizations

FYI Coverage